MD_DA431 DA MD DA431 BUTTER - CENTRAL MADISON, WI. September 14, 2016 (Report 37) Butter manufacturing is uneven throughout the Central region. The churning activity is lower in a few processing plants as cream supplies fluctuate. Meanwhile, some manufacturers are producing butter at sufficient levels with comfortable cream volumes. Processors are expecting to increase butter production in order to meet the anticipated high demand for Q4. Some manufacturers are reducing bulk butter inventories as they microfix existing stocks to fill current print butter orders. Print butter inventories are steady to building. Demands from many retail channels and restaurants are strong. Bulk butter prices reported ranged from one cent under market to 8 cents over the market, with various periods and averages used. The DMN National Retail Report-Dairy for September 9-15 noted the national weighted average advertised price for a 1 pound package of butter is $3.29, $0.55 below one week ago, but $0.32 higher than one year ago. The regional weighted average prices in the Midwest and South Central are $3.01 and $3.30, respectively. Wednesday at the CME Group, Grade AA butter closed at $2.0100, down $0.0250 from last Wednesday. 1530CT Angel.Teran@ams.usda.gov 608.557.7011 USDA/AMS/Dairy Market News, Madison, Wisconsin Dairy Market News website: http://www.ams.usda.gov/market-news/dairy Dairy Market News database portal: http://www. marketnews.usda.gov/map/da- home